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Index Trend Analysis Report

Prepared for you on Tuesday, January 14, 2025.

BNY Mellon Africa DR Total Return Index (CME:BKDAFT)

Bear Market Rally (-75) - BKDAFT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BKDAFT as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BKDAFT?

MarketClub looks at technical strength and momentum to determine if the timing is right for BKDAFT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_BKDAFT
Open High Low BKDAFT Price Change
790.47 790.47 790.47 790.47 +13.91
Entry Signal

MarketClub’s Trade Triangles for BKDAFT

long term down The long-term trend has been DOWN since Jun 13th, 2024 at 829.41

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 913.41

short term up The short-term trend has been UP since Jan 6th, 2025 at 773.57

Smart Scan Analysis for BKDAFT

Based on our trend formula, BKDAFT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for BKDAFT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
790.47 790.47 790.47 790.47 +13.91
Prev. Close Volume Bid Ask Time
818.00 0 2025-01-07 17:18:51
52wk High900.5852wk High Date2018-01-25
52wk Low715.3552wk Low Date2018-11-27
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